Know your bias before the open.

A real-time macro-bias engine for ES and NQ futures. COT positioning, FRED macro data and dealer gamma exposure, combined into one directional read with intraday levels and tactical notes.

See what’s inside

Not a signal service. Not a black box. Institutional context; you make the call.

Data sources: FRED · CFTC COT · Dealer gamma (GEX/DEX/Vanna/Charm)

Exhibit 1: Directional Bias Panel, ES, 2 Oct 2026

Source: Alpha-Bias terminal. Illustrative values from a recent session.
  • 12signal models
  • 2instruments (ES / NQ)
  • 60 sGEX refresh in session
  • 3source families: FRED, CFTC, options data

§ 1 — What’s inside

Four views on the same question: which way, and how strongly.

Built for futures traders who want macro, positioning and dealer flow in front of them before they take a position.

Signal Constellation

Every model in the engine is plotted on one map, bias against conviction. The 0–100 Bias Score summarises where the weight of evidence sits.

  • Bias × conviction scatter of all active signals
  • Net consensus in percent
  • One 0–100 Bias Score per instrument

Exhibit 2: Signal Constellation, bias vs conviction

Source: Alpha-Bias terminal. Each point is one model; point size scales with conviction. Illustrative values.

Regime Detection

Growth and inflation data from FRED place the economy in one of four regimes: Goldilocks, Reflation, Stagflation or Deflation. A weighted macro composite from −1 to +1 translates the regime into a risk posture.

  • Four-quadrant regime from FRED growth and inflation
  • Weighted macro composite from −1 to +1
  • Adjusts risk posture, strategy mode and stop distance

Exhibit 3: Macro regime and weighted composite

Source: FRED; Alpha-Bias classification. Illustrative values.

Dealer Greeks & Walls

Net gamma, delta, vanna and charm exposure of option dealers, converted from index options to ES and NQ points. The call wall, put wall and gamma flip mark where dealer hedging tends to pin price or extend a move.

  • Net GEX, DEX, Vanna and Charm
  • Call wall (resistance), put wall (support), gamma flip
  • Refreshed every 60 seconds during the session

Exhibit 4: Dealer gamma by strike, ES

Source: options-derived dealer positioning, converted to futures points. Illustrative values.

Intraday Levels & GEX Map

Gamma flip and walls in native ES and NQ points, next to prior-day and overnight reference levels. Each level shows its distance from the last price in points.

  • Gamma flip, call and put walls in ES/NQ points
  • PDH, PDL, PDC and overnight range
  • Distance to every level in points

Exhibit 5: Intraday levels, ES

Source: Alpha-Bias terminal, futures bars and dealer positioning. Illustrative values.

§ 2 — The full picture

One screen. The whole bias.

Macro, positioning and dealer flow resolve into one read, with a plain-language note on what it means for the session.

Exhibit 6: The Alpha-Bias terminal, ES, 2 Oct 2026

  1. 1Bias score, label and regime
  2. 2Score by factor group
  3. 3Signal constellation
  4. 4GEX levels with distance in points
  5. 5Tactical note for the session
Source: Alpha-Bias terminal, light rendition. Illustrative values.
  • Macro score

    A composite of growth, inflation, volatility and credit: one number, one direction.

  • GEX levels

    Gamma flip, call and put walls converted to native ES and NQ prices.

  • Tactical note

    Regime-aware guidance on where to fade, where not to chase, and why.

§ 3 — Approach

What goes into the read

Public macro data, regulatory positioning data and options-market data are scored independently and combined into one directional read. The models and their weighting are proprietary; the inputs and the limits are not.

Data sources

Federal Reserve Economic Data (FRED), the CFTC Commitments of Traders report, index options for dealer positioning, and live ES and NQ futures bars for intraday levels.

Refresh frequency

Macro inputs every few minutes during market hours, dealer positioning every 60 seconds in session, positioning data weekly after the CFTC release.

Limitations

The read is context, not a forecast. Positioning data is published weekly with a lag, dealer positioning is an estimate from public options data and can shift quickly around expiries, and no read replaces your own risk management.

§ 4 — How it works

From raw data to a directional read

  1. 01

    Data

    FRED macro, CFTC COT, dealer gamma and live futures bars, refreshed continuously through the day.

  2. 02

    Fusion

    Twelve models score bias and conviction, classify the regime and locate the levels that matter for ES and NQ.

  3. 03

    Directional read

    A clear directional read with a tactical note, ready before the open.

§ 5 — Pricing

One plan. Everything included.

No tiers and no upsells. Full terminal access, month to month.

$34.90 / month

The Alpha-Bias terminal for ES and NQ futures.

  • Macro-bias engine for ES and NQ
  • Signal Constellation and 0–100 Bias Score
  • COT positioning for ES and NQ
  • Regime detection and FRED macro composite
  • Dealer GEX, DEX and Vanna with walls
  • Intraday GEX levels and key reference levels
  • Tactical notes and Discord access

Cancel anytime. Secure checkout via Stripe.

§ 6 — Questions

Good to know

Start the session with context.

The directional read, the regime and the levels that matter, before the next open.

Join the Discord

§ Support

Contact support

Questions about the terminal or your account? We reply within 24 hours.

§ Pricing

One plan. Everything included.

Full terminal access for ES and NQ, month to month.

Pro plan

$34.90 / month

  • Macro-bias engine for ES and NQ
  • Signal map and 0–100 Bias Score
  • Regime detection
  • Dealer positioning with walls, refreshed every minute
  • Intraday levels for ES and NQ
  • TradingView webhook integration
  • Tactical notes and Discord access

Secure checkout via Stripe. Cancel anytime. No hidden fees.

Already have an account?

The terminal

By creating an account you agree to the Terms of Service.

TIMEFRAME ALIGNMENT MACRO  — SESSION  — INTRADAY  — —
ES · S&P 500
NQ · NASDAQ 100
—
Directional Bias · — signals
Loading…
—
Consensus
—
Net Dir
—

Signal Map · bias × conviction

BULLISH
BEARISH
CONSENSUS

COT · CFTC TFF

Net positioning · index 0–100
Loading CFTC…

Composite Macro Score

Composite of all factor scores · −1 to +1
Computing…

Macro Indicators · FRED

Loading FRED…

Session Bias

ASIA
—
LONDON
—
NEW YORK
—
NY session confluence check
How many signals align before you enter? Use as confirmation only.
MACRO SCORE
—
Loading...
COT SIGNAL
—
Loading...
VIX REGIME
—
Loading...
YIELD CURVE
—
Loading...
DISPLAY
GEX · ES / S&P 500
Live · Updates every minute during market open
Updates at 15:30 CEST (NY Open)
▲ Positive GEX = dealers long gamma → market pinned, low vol
▼ Negative GEX = dealers short gamma → market explosive, high vol
GEX · NQ / Nasdaq 100
Live · Updates every minute during market open
Updates at 15:30 CEST (NY Open)
Key GEX levels converted to NQ equivalent prices
Use with COT + Macro bias as confirmation
Intraday bias status
MACRO BIAS
—
Strategic direction
SESSION REGIME
—
—
INTRADAY STATUS
—
—
TACTICAL NOTE
Loading...
NY session bias · 14:30 UTC / 09:30 ET
OVERALL DIRECTION —
BIAS SCORE —
REGIME —
VIX —
DXY —
ES LAST —
NQ LAST —
ES · S&P 500
NQ · NASDAQ 100
Key reference levels
Prior session & overnight · distance in points
GEX levels · key strikes
Gamma Flip · Call Wall · Put Wall · OI Walls
Dealer exposure · Greeks
Net GEX · DEX · Vanna · Hedging pressure
Open interest · pin zones
Largest OI strikes · Expiration magnets
Volatility · expected move
ATM IV · Implied daily range · Skew
Charm · time-decay flows
dDelta/dTime · Dealer flows from time passage
Price map · level ladder
All key levels ranked by price · distance in points
Intraday structure read
Quantitative read of dealer positioning + price structure
Awaiting data...
NQ · NASDAQ 100
ES · S&P 500
Intraday regime · live
Current dealer-gamma regime + structural tilt — derived from live options positioning
ES · S&P 500
NQ · NASDAQ 100
Combined bias score
Macro · Technical · Fundamental — weighted composite
—
—
Awaiting data
Component scores
Individual bias contributions
Combined signal map
All signals — Macro · Technical · Fundamental
Tactical summary
Awaiting data...
ES · S&P 500
NQ · NASDAQ 100
VWAP + σ bands
Session VWAP · ±1σ/2σ/3σ · Auto-calculated
Relative strength · ES vs NQ
ES/NQ ratio · Divergence signal · Leadership indicator
Implied volatility · IV skew
ATM IV · Skew (Put IV − Call IV) · Options data
Put/call ratio · OI skew
Put OI / Call OI · Sentiment indicator
GEX profile · strike distribution
Net GEX by strike · Walls, air pockets & secondary levels
Charm · time decay exposure
dDelta/dTime · Pin risk into expiration · Coming soon
COMING SOON · API UPGRADE REQUIRED
Market breadth · advance/decline
S&P 500 A/D Line · % Above 20MA · Coming soon
COMING SOON · DATA FEED REQUIRED
Vanna exposure · vol sensitivity
dDelta/dVol · Vol crush impact
Fed policy
Current rate · Next meeting · Stance
Macro indicators
CPI · INDPRO · HY Spreads · From FRED
Yield curve
2Y · 10Y · Spread · Inversion signal
Dollar · DXY
DXY level · Trend · Impact on ES/NQ
Economic calendar · upcoming events
CPI · NFP · FOMC · PPI · GDP · High impact events
Earnings calendar · S&P 500 movers
High-impact earnings that move ES/NQ · This week + next week
COT positioning · detail view
Leveraged Funds · Asset Managers · Small Spec · Historical context
ES · S&P 500 E-mini
$50 per point · 0.25 tick = $12.50
$250
CONTRACTS —
RISK AMOUNT —
STOP VALUE (1 contract) —
PROFIT TARGET (1 contract) —
TOTAL PROFIT (all contracts) —
RISK / REWARD —
MARGIN REQUIRED (est.) —
RISK PRESETS
NQ · Nasdaq 100 E-mini
$20 per point · 0.25 tick = $5.00
$250
CONTRACTS —
RISK AMOUNT —
STOP VALUE (1 contract) —
PROFIT TARGET (1 contract) —
TOTAL PROFIT (all contracts) —
RISK / REWARD —
MARGIN REQUIRED (est.) —
RISK PRESETS
Your profile
USERNAME—
EMAIL—
PLANPRO · $34.90/mo
STATUSACTIVE
Edit profile
Change email
Change password
Subscription
Data sources
FRED API — VIX, 10Y/2Y Yields, DXY, HY Spreads
CFTC — COT Report (updated every Friday 15:30 ET)
Macro auto-refresh every 5min · GEX every minute
Not financial advice. For informational purposes only.

Support · Discord

All support runs through our Discord community — the fastest way to get help, report issues and stay on top of announcements. Post in the support channel and the team will reach you there.
Join the Discord